Green Jobs Green New York Financing Through the New York State Energy Research and Development Authority (NYSERDA), we are able to offer two loan options to our customers: On-Bill Recovery and Smart Energy Loans. These loans offer the most flexibility with term length options of 5, 10 or 15 years. Loans are available for amounts from $1,500 to $25,000. There are interest rates as low as 3.49% available to low and moderate income households and go up to 7.49%. Click the link below to find your interest rate options.
On-Bill Recovery Loan The on-bill recovery loan is a loan where the payments are added to your monthly electric bill. Because the loan is attached to the electric account, it makes this loan easily transferable to a new homeowner if the home is sold.
Smart Energy Loans The smart energy loan is more similar to a standard loan. These payments would be maid directly to NYSERDA's loan service rather than through you electric bill like the on-bill recovery loan.
Each of these loans options have a $150 financing fee to be paid to Energy Finance Solutions (EFS), NYSERDA's loan service partner. This fee can be rolled into the total amount of the loan. These loans do not have any extra costs or fees to be paid to LaMorte Electric Heating and Cooling, but these loans do tend to create a delay in installation because of the time it takes to get an approval.
LaMorte Electric was founded by Brian LaMorte to provide quality electrical and HVAC contracting services to Ithaca, Tompkins County and the surrounding areas. Brian is a highly skilled and licensed electrician in the City of Ithaca. We specialize in everything from electrical repairs, to generator sales/installs, to car charger installs, to furnace and air conditioner sales, installs and repairs.
If you need a licensed Electrical or HVAC contractor then contact us.
LaMorte Electric Heating and Cooling
LaMorte Electric Heating and Cooling is proud to be an Inclusive employer. We support the LGBTQ+ community!
LaMorte Electric Heating and Cooling is proud to be a Tompkins County Living Wage Employer.
LaMorte Electric Heating and Cooling is proud to be listed on the Sustainable Finger Lakes map. We are proud to be a part of their regional sustainability movement.
LaMorte Electric Heating and Cooling is proud to be a NYSERDA qualified air source heat pump installer.
LaMorte Electric Heating and Cooling is proud to be an Elite Mitsubishi Electric Diamond Contractor.
Lamorte Electric - 607-229-4576 1570 Danby Road, Ithaca NY 14850